A record year for production at the Seabee gold mine in northern Saskatchewan ensured an operating profit for Claude Resources (CRJ-T) in 1998, but writedowns taken on assets meant earnings were lower…
A dispute has arisen between Winspear Resources (WSP-V) and Aber Resources (ABZ-T), partners at the Camsell Lake diamond project in the Northwest Territories.The quarrel centres on Aber’s participatio…
More than 6,500 delegates from throughout the world descended on Toronto in mid-March for the 1999 Prospectors & Developers Association of Canada (PDAC) convention. While international projects clearl…
The gold price will sink to US$285 per oz. by 2002, though cash costs for Western World producers are also expected to fall, according to a report released by AME Mineral Economics.A study of mine cas…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMar. 16Mar. 15Mar. 12Mar. 11Mar. 10…
Gold Funds as of March 11, 1999BGRCentralNet Value$14.306.07Price$9.90$5.
Seahawk Minerals (SKM-V) reports that preliminary drilling at the Piteiras property in Brazil’s Minas Gerais state has encountered emeralds.Two of four holes drilled into high-grade metamorphic rocks …
Juina Mining (GEMM-O) has started producing alluvial diamonds at its namesake operation in southwestern Brazil, with buyers already lined up for initial shipments.The company holds mining rights to 2,…
A longstanding legal dispute between Farallon Resources (FAN-T) and John Torok has been settled.Last summer, the Supreme Court of British Columbia dismissed Torok’s claims in the province and awarded …
Junior Thundermin Resources (THR-T) has reached a deal with Noranda (NOR-T) to acquire the Duck Pond polymetallic property in central Newfoundland.Comprising 11,796 ha and situated 30 km southeast of …
Allen Gordon appointed director and interim chairman.
James Askew appointed president and CEO.
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